Coins.ph collaborates with Western Union for money transfers

[Unblock_news]

The collaboration will allow families of overseas Filipinos to seamlessly receive Western Union money transfers in Coins.ph wallets.

Full article here: https://www.unblock.news/news/coins-ph-collaborates-with-western-union-for-money-transfers

[Muzika]

The collaboration will allow families of overseas Filipinos to seamlessly receive Western Union money transfers in Coins.ph wallets.

Full article here: https://www.unblock.news/news/coins-ph-collaborates-with-western-union-for-money-transfers

Maganda dahil mas convenient na para sa pamilya dito kung san nila gustong iwithraw ang pera pero para sakin negative na ang western union kasi ang laki masyado ng fees nila e kumpara sa mga kakumpetensya nya ngayon sa market.

[rhomelmabini]

The collaboration will allow families of overseas Filipinos to seamlessly receive Western Union money transfers in Coins.ph wallets.

Full article here: https://www.unblock.news/news/coins-ph-collaborates-with-western-union-for-money-transfers

Great news yan para sa mga OFW because WU AFAIK is known as an international remittance but mind me pinoys will always prefer those who have low fees (I guess not only pinoys). Mas malaking balita pa rin kung may isang bangko na fully accepted ang transfers from coins.ph papunta sa kanila.

[Lassie]

pero halos lahat ng bansa ngayon na madaming OFWs ay madami na padala option. yung sa WU kasi napakataas ng fees nila compared sa ibang remittance centers kaya baka wala na din gumagamit masyado nyan except yung mga tao na WU lang yung malapit sa lugar nila sa mga probinsya

[crwth]

Nag update na ko ng coins.ph app ko sa phone and nakita ko na applicable na nga. I now know how to cash out from Western Union pag may padala. Anyways, I did try to check how to do it and it asked me to refresh my verification. Sa inyo din ba nag ka ganun? Madali lang naman yun para sakin, curious lang ako kung para sa lahat. Maybe dahil din ito para sa database nila para updated.

[Jevslasher]

Nice!!! maganda ito para sa atin mga pinoy at madali mag process ng padala sa ibang bansa, mas madali pa mag withdraw na pera sa ibang bansa.

[qwertyup23]

Good thing they implemented this feature which addresses the gray areas of sending money online to OFWs. The problem would be the transaction fees as many remittances center have a relatively low price in transaction fees compared to WU. But still, more options mean more availability to send bitcoins online!

The collaboration will allow families of overseas Filipinos to seamlessly receive Western Union money transfers in Coins.ph wallets.

Full article here: https://www.unblock.news/news/coins-ph-collaborates-with-western-union-for-money-transfers

Great news yan para sa mga OFW because WU AFAIK is known as an international remittance but mind me pinoys will always prefer those who have low fees (I guess not only pinoys). Mas malaking balita pa rin kung may isang bangko na fully accepted ang transfers from coins.ph papunta sa kanila.

Banks often question the origin of the money deposited if you use cryptocurrencies as they see it as something that is illegal as of the moment. Compared to other remittance centers, cheaper option talaga yung local exchanges compared to an international money transfer establishment.

[Unblock_news]

The collaboration will allow families of overseas Filipinos to seamlessly receive Western Union money transfers in Coins.ph wallets.

Full article here: https://www.unblock.news/news/coins-ph-collaborates-with-western-union-for-money-transfers

Maganda dahil mas convenient na para sa pamilya dito kung san nila gustong iwithraw ang pera pero para sakin negative na ang western union kasi ang laki masyado ng fees nila e kumpara sa mga kakumpetensya nya ngayon sa market.

Yes, indeed. But for the hassleness, I wouldn't mind paying high fees for the convienience it will give to me. 

[nicster551]

The collaboration will allow families of overseas Filipinos to seamlessly receive Western Union money transfers in Coins.ph wallets.

Full article here: https://www.unblock.news/news/coins-ph-collaborates-with-western-union-for-money-transfers

Wow good news to para sa mga OFW, ang problema lang siguro dito ay medyo mataas ang fee sa Western Union kumpara sa mga remittances dito sa Pinas like LBC. But the good thing is mas madaming option na kaya magpapababaan sila sa fee.

[alisafidel58]

Great news yan para sa mga OFW because WU AFAIK is known as an international remittance but mind me pinoys will always prefer those who have low fees (I guess not only pinoys). Mas malaking balita pa rin kung may isang bangko na fully accepted ang transfers from coins.ph papunta sa kanila.

Banks have their own rules and regulation when it comes to cryptocurrency. Major and minor banks have a consensus not to accept any crypto related deposit because it's untraceable. Money laundering often come from cryptocurrency and this is why they are not accepting any direct deposit related to crypto, when they found out that your money in your account is related to crypto then they will automatically close it and you can't get your money back.